Category: Coinbase

A New Bitcoin World

Coinbase Is Adding Segwit Support

Coinbase Is Adding Segwit SupportAfter months of prevarication, Coinbase has announced that it will add Segwit support to its bitcoin wallets. The much anticipated and long overdue move will go some way towards reducing transaction fees for users of Coinbase and GDAX, assuming it follows suit. Coinbase has come in for repeated criticism over the inefficient way it handles […]

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February 6, 2018 0

Coinbase Is Making $2.7 Million a Day

Coinbase is Making $2.7 Million a DayRunning a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which works out at an astonishing $2.74 million a day or $2,000 a minute. Also read: South Korean Card Companies Block […]

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January 23, 2018 0

Blockchain Rolls Out Trading Feature for 22 States in the U.S.

Blockchain Rolls Out Trading Feature for 22 States in the U.S.This week the UK-based company Blockchain has announced it has begun to roll out buying and selling features for U.S. residents. Starting now Blockchain Wallet users from 22 states can sell units of bitcoin core from within the wallets interface and other digital assets like bitcoin cash and ethereum will soon follow. Also read: Markets Update: […]

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January 21, 2018 0

Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations

Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations for 10k+ DepositsExchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This […]

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January 12, 2018 0

Seven Deadly Trading Mistakes Every Rookie Makes

Seven Deadly Trading Mistakes That Every Rookie MakesSo you’ve created a Coinbase account, bought your first fraction of a bitcoin and followed up with half a litecoin. You’re now ready to become a cryptocurrency trader. You fire the lot over to an exchange where the first coin you purchase shoots up by 10% before you sell, smug in the knowledge that you’ve […]

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December 28, 2017 0

Five Ways for the Ultra-Paranoid to Store Their Bitcoin

Five Ways for the Ultra-Paranoid to Store Their BitcoinDo you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]

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December 23, 2017 0

Investors Call Foul Play as Coinbase Parries Insider Trading Accusations

Investors Call Foul Play as Coinbase Parries Insider Trading AccusationsThe operation had been underway for weeks. Had all gone to plan, Coinbase and Gdax customers would have awoken on Wednesday morning to discover that bitcoin cash trading had finally been added. Traders would relish the liquidity this new market would bring, the exchanges would scoop up more fees, and bitcoin core maximalists would soon […]

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December 20, 2017 0

Bitcoin for Beginners: Which Cryptocurrency Exchange Should I Use?

Bitcoin for Beginners: Which Cryptocurrency Exchange Should I Use?It’s a question which surfaces daily on Telegram, Twitter, and Reddit: “Which exchange should I join?” The cheapest and most reliable means of purchasing cryptocurrency is generally through an exchange which will take your fiat currency and swap it for crypto. But with dozens of exchanges to choose from, each offering different features and currencies, […]

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December 9, 2017 0

Bitcoin Service Providers Continue to Reveal Plans for Bitcoin Gold

This week bitcoin proponents have been talking about the bitcoin gold fork scheduled for October 25. With just a few days away, bitcoin exchanges and service providers have been detailing their contingency plans on how to best deal with the upcoming distribution of split tokens. Also Read: Bitcoin Cash Community Preps Hard Fork Slated for November […]

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October 23, 2017 0

US Politicians Want Tax Exemptions For Bitcoin Purchases Less Than $600

Two politicians want to make bitcoin purchases below $600 not subject to tax laws. The lawmakers, Representatives David Schweikert and Jared Polis, who are also co-chairs of the Blockchain Caucus, hope to lesson the tax burden on cryptocurrency users. They are calling their bill the Cryptocurrency Tax Fairness Act.  Also read: Grayscale’s Trust Contemplates Creating Another Entity for […]

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September 8, 2017 0